REGISTERED CHARITY NUMBER: 1133566 Report of th¢ Trustefs and UThgudited Financiyl Stalements for the Year Ended 31 Deeember 2025 for THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIAsficAL PARISH OFTHE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Clifton-crick Sharp & Co. Ltd Chartered Accouniants 2A-3A Market Ga Pershore Worcestershire WRIO IDZ
THE PAROCHIAL CHURCH COUiYCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Contents of the Flnancfial Ststements FOR THE YEAR ENDED31 DECEMBER 2025 Page Reference and Administrative Details REFERENCE AND ADMINISTRATIVE DETAILS Report of tbe Trustees Independent Exarniner's Report St&tement of FinaThciAI Activitie5 10 Balanee Sheet Notes to the Financial Ststements 12 to 26 DetaRled Ststement of FiTh8ncial A¢tivities 27 to 28
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHOR Referen£e aDd Administr#tive Dets115 FOR THE YEAR ENDED3J DECEMBER2025 PRINCIPAL ADDRESS Petshore Benefice Office Alveston House I l Broad Street Pershore WRIO IBB REGISTERED CHARITY NUMBER 1133566 INDEPENDENT EXAMINER Clifton-crick Sharp & Co. Ltd Chartered Accoulltants 2A-3A maet Ge Pershore Worcestetshire WRIO IDZ SOLICITORS Stallard March & Edward% LLP Worcester BANKERS Bar¢lays Bank Plc. Wor¢ester Page I
THE PAROCHIALCHURCH COUIYCILOF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE REFERENCE AND ADMINIsfRATIVE DETAILS FOR THE YEAR ENDED31 DECEMBER 2025 Viear The Revd Canon Claire Lording Assistant Cllrate The Revd Jayne P&ker Reader Mr Peter Stall5bi¢ Church Wardens Mts Samantha Andrews Mr Martin Fowler Deanery Synod Rtpresentstlves Dr Jiidith Dale Mr Jason El'Habid Mr Martin Fowler IAY ReprentatIVeS Mrs Jean Andrews Mn Ann Bray Mr5 Suzanne Clarke Mrs su& Denley ( until 6 May 2025) Mr Jason El'Habid Mts Santh'a Long Mr Willtatn Newman Mrs Sarah Thomson Secretary to the PCC Mrs Sard sed (Lay Representstive) Honornry Treosurer: Siat¢ment ofLeg41 Ststus Mr Edward Denley (Lay Representative) Page 2
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Report of the Trustees FOR THE YEAR ENDED31 DECEMBER2025 The tnjstees present their report with the finaTJcial statements of the charity for the year ended 31 December 2025. 'fh¢ trustees have adopted the PTovisions of Accountillg and Reporting by Charities.. Statement of RecomTne]]ded Practice applicable to charitie5 preparing their accounts in accordanc£ with the Fiiiancial Reportiiig Standard applicable in the UK and Republi¢ of Ireland (FRS 102) (¢ff¢ctivc l January 2019). OWECTIVES AND ACTIVITIES Objectives and activities for the public benefit The Mission Statement adopted by the PCC reads 'To be a Church communiÉy which responds Gods love in worship and action, welcornes all in the twne of Jesus Christ and reaches out to the world in tile power of the SpiriL We seek to a Kingdom peopl&, The PCC is committed to welcoming everyone who wishes to worship in the AbFw and io building the Christian community of P¢rshore through s¢rvi¢es, worship, pray¢r, musi¢ and sa¢rnm¢nt. When planning its activities. the PCC has considered the Charity Commission's guidance on public benefit and, in particular the supplementary guidance on charities for the advancement of reli(Tjon. In this it endeavoll to enable ordinary people to live out their faÉth Ès part of the parish cotnmunlty through worship and prayer, p8stora] &8re and missionary and ijutreath work. The PCC is tesponsible for the Abbey Church and the parish cenirt of St Andrew's. The maintenance of these building& so that th¢y are acc¢s5ibl¢ tt> the g¢neral public and provide a venue for nrtS and Civic events and are available as a )EsOUr f( the community, is at the heart of its charitabl¢ objective5. ACHIEVEMENTS AND PERFORMANCE A review of our achievements and performance A review of our achievements and perfom]ance Full details of the report5 from the Vica]', Churchwardens and ihe various groups activ¢ within th¢ parish ar¢ Set out in iN)oklet pres¢nted to the Annual M¢eting. AtteThdanee The statistics for the year. with comparisons to 2023, are as follows= 2025 2024 Baptlsm Under l year Aged 1-12 Aged l j+ 12 29 17 Communicants (and Total Attendsnce) Easter Day Christmas (including Christtnas Eve) 238(310) 289(1.059) 240129)) 279 (908) Nornial Sunday Attendances Adults Children 155 Oecasional SeThices Weddin¥s Ble5sinus of Marriage Funerals- In Abbey Funerals- In Crematorium 10 33 10 10 Page 3
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Rep)rt ofthe Trussees FOR THE YEAR ENDED31 DECEMBER2025 ACHIEVEMENTS AND PERFORMANCE Review of the Ye8r As we r¢vi¢w 2025 it is clear that the many challenges of the pandemic are now h1nd us in term5 Of Abbey life and acttvity. We haye continued to build on the growth that we have seen in the past few yeaT5 and are in a Secure position as we Seek to build God'5 Kingdom in this place. Our cornmitm¢nt to being a heaLthy and sustainable chuTch has not diminished and as a result th 15 Tnuch to cekbrat¢. The Abbey community has continued to grow, with an average Sunday attendance of 160, the majority of whom are sharing in the 1030 seTvice. It is interesting to note that the choral tradition which is so imwrtant ai the Abbey is attTACting worshippers from other parishes in the deanery as well as from further afield. This is also s¢en in some of those who join the service via the live stream, with many of thern joining from the oih¢r side of ihe county or froJn other parts of the world. The online Abw community a]$0 continues to grow, through the live stream and OUT well-estoblished social media plarftsrms. The smaller services offered by the Abbey are also important in the wo]¥hip we are able to share. The saying of the daiiy office each weekday, the midweek communion, the service for healing and wholeness and lona worship all attrn¢t a faith[ ¢ongr¢gation and r¢gularly welcome new people. The breadth of worship offered reveals our commitment to rememb¢ring that one style of WOTship will not suit everybody. One of the aims on our Health and Sustainability Plan is to have at least 10 families involved in the life of the Abbey by 2027. Café Chutrh ha5 beet] the primary focu5 for this aim and has been success1 in not only welcoming families and children to the service but also ¢nabling th¢m to attend month after month so that Café Church becomes their church. This has provided a gLX)d foundation for Sam Andrews, our Children and Fatnilies, Worker, Suzanne ClaTke and th¢ team who work alongside them, to offer other events and (Kcasions when children and families can be involved t Abbey life. We have not met our objective yet, but we are ¢¢)nfident that we are doing the right things to engage with as any children and families as p05sibl¢. The number of people who wanted to shaiE in Easter and Christma5 celebrations wa5 really ¢n¢ouraging this year, with an incre&%e of those attending compared with last year. The significant attendance increase at Christmag was astonishing and it was a real j(Try to shar¢ in ¢el¢brating the birth of Christ with so many people of every generation. Our wedding ministry remains stable in a fast changing and competitive matket wh¢re couple5 ¢an choose to get marri in all SOTts Of place5 and venue5. Althogh we conducted fewer marriages ihis year. 8 compared with 10 last year. we were involv¢d in 3 marrtage blessings compgted with none last year. We value our wedding and couples, ministty and receive consistently good feedback from our couples about the group marriage prepardtion w¢ offer and the support shared on the day of their service. This year saw & Signifillt in¢reas¢ in the numb¢r of fitnerdls we were involved with. 43 compared with 27 year. Ist year we had concerns that fa1th-bd neralS were simply not meeting the comrnunitys needs, but that doesn't seem to have been evident ihis year. li is a]ways a privilege to journey with bereav¢d families as they give thank5 for their loved ones and friend5. Similarly, there was an increase in the number of baptisms conducted, 29 COTnpared with 17 last yepr. This is really encouraging and sees a retum to similar numbeTS pre-2024. This can also be seen as evidence that our work with children and their faTniltes is bearing fruit par¢nt5 mak¢ the choice to invite the chur¢h to be part of their child's sp¢¢ial day. It was also significant that this yvar we conducted severdl adult bapiisms. This wa5 further evi&n¢e of the quiet revival amongst Gen Z. Throughout the year we have continued to focus on our welcome ministry with an *Jditional focus on how we can reach out ¢0 those living with dementi4 neurodiversity and iheir carers and families. We hope to launch some s¢]riC esources and strategies in 2026. Our work as a Welcome Directory ¢hur¢h wa% a150 affirnied when Revd. Matthew Faffow from HMP Eastwo(xl Prison was our guest preacher on Pri50n5' Sunday. Page 4
THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OFTHE HOLY CROSS PERSHORE Report of the Trustees FOR THE YEAR ENDED31 DECEMBER2025 ACHIEVEMENTS AND PERFORMANCE It has been another full year at the Abbey with many different eveTtts and 5ervi¢es taking plwe which have reflected our core desire w be a place for every¢)ne in the community. There are too many oc&10n$ to mention in this report, but it is worth mentioning a few of them to give a flavour of what we have been aix)ut. The resident petegrines proved to be a global draw, with people trdvellin¥ to Petshote to view them or following their probFress via YouTube. We welcomed a group froNI our link parish in Salzwedel and had a fun weekend with them. We welcomed Paul Robert as our guest preacher during Christian Aid Week We hosted the Wellbeing Hub at St Andrew's as they provided a Christmas Day lun¢h 10 50 people who might oth¢rwis¢ have been on their own. During the year much attention has been given to the fabric of the Abbey, not only WOTking through the Quinqu¢nni8] Report requirements and our plans for a greener heating system, but also the challenges of a moving northeast trans¢pt. Judy Dale 2nd the fabric team, including our architrct, Joanna Daykin, have done an incredible job in ensurtng we are the b¢st cust(Klian5 of the fabric entrust¢d tt> u5. St Andrew's Centre once again proved ts) be vital as a mission resource. enabling us to be home to a great variety of community group5 and events. We are still patiently waiting for the completion of the legal processes which will enable U5 to take over the ownership of St Andrew'5. It È5 hoped that thi5 will then enable us to have better acce5S to g]ants and nding for necessary repairs and development. Once agai all those who WO for the Abbey, either ir] a paid or voluntary capacity, have excelled theTrJ5elve5 in giving 50 generously of tlieir tirne and tal¢nts, often doing more than would be eXcted. li is that level of committnent which enables us to do all tha¢ we do and they deserve our wholehearted thanks. The AbY h25 worked hard to be a wartn aTMI welcoming cotnmunity and the increase in engagernent levels from across the community and beyond beats withess to that. We hope to continue to build thts in 2026, confident at all times that we are joining in God's mission in this community. Page 5
THE PAROCHIAL CHURCH COUNCJL OF THE ECCLESIASTICAL PARISH OFTHE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Report of the Truste FOR THE YEAR ENDED 31 DECEMBER 2025 FINANCIAL REVIEW FiDaDcial wl(lon Annual income increased to £340,054 from £318,752 in 2024. In the absence of any new major project to attract SI]fJ£at grant funding, the main cau5¢ of th¢ tn¢r¢ase was the receipt of two legacies totalling £15,000. One legacy of £1,000 w&5 W¢tv¢d in 2024. Income from regular giving, through standing ordeES and collections taken at s¢rvice5, rose by three per cenL reflecting the increase in Sunday attetjdance. Following the 5t¢wardship campaign in the summer. the number of regular giv increased by ten per ¢ent. It was also a successful year for fimdrdising as the profits from the Plum Festival. the Pershore Carnival. the b(x)kstall and Abbey Link magazine were ttventy-five per ¢ent higher than the previous year. The Friends of Pershore Abbey donated £31.439 towaTds the costs of updIng the Abtw's CCTV security system, emergeR¢y repairs to the roof of the North-East transept, lesting and repair of the electrical circuits and OUT ard)itecVs fee5 for the quinquennia] inspection. They also funded new robes for the choir, need¢d because of the increase in its memba3hip. We are also extremely grdteful io the Friends for their generous donation of a Steinway grand piano. The PCC also wishes to give thanks to Si Andrews Parish Centre Ttvst for grnnts of £7.210 including a new sound system for St Andrews. Annual exndIre increased to £353,324 from £302,217 in 2024. This is mainly because of the Abbey Heating Proj¢ct. In ord¢r to ¢omply with the Church of England's goal to become cartx)n-neuttal by 2030, the Abbey is planning to replace th¢ current gas boiler with heat pumps and solar panels. The project incurred costs of £33,401 iTt the year for drdwing up the detailed specifications and subTt]ittin¥ planning applicatiorJ5 to the appr(Trpriate authorities. These c05tS were funded froTll the PCC'S restricted fund for Developtnent of the Abbey. Once planning pem)is5ion is given, the PCC hope5 to oblain grdnts to pay forth¢ costs of tmplem•rtatioD and recoup the costs already incunrd. The Food Bank recorded a deficit of £7,666 in the year. compared with a surplus of £8,577 in 2024, still has adequate cash reserves due to continuing generous stjpport from the ¢ommunity. The valu¢ of inv¢stments reduced by £10,979 in the year, wiping out the increase of £9,817 in 2024. These investments are held for the long rni and their total value at 31 December 2025 was £273,356. During the year, the PCC moved the balance of the Abbey Developtnent restricted fund from investments to its Premium Savings bank account so that it could be us¢d to pay for th¢ costs of the Heating ProjecL The total deficit for the year is £24248. of which £10.979 (45Y.) arose from the revaluation of investments. Exeludfftg the F(x)d Bank's deficit of £7,666, the Abbey and St Andrews together re¢orded a deficit of only £5.603 despite in¢urring th¢ £33,401 ¢tssts of the Heating Project. Page 6
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Report ofthe Tru5tee5 FOR THE YEAR ENDED 31 DECEMBER 2025 FINANCIAL REVIEW Fabric Report For ihe Pershore Abiw Fabric Committee. 2025 begall with our archit¢¢t JoaDna DaykiTt'$ study of the findings of the Quinqu¢nnial inspection and heT recommendations for 'Project Packages, for the next 5 years and beyond. Guided by earlier w(k by the PCC, these projects focussed on.. l. Sustainable heatin& using low carf)on energy in line with COE Net Zero CaTbon30 - a]Teady studied in depth, to I further explored and action progressed. 2. Improved h05Pjtality, including kitchen and tt>ilet facilities in the Abbey, to identify potential sp8c&8. The significanc¢ of St Andrew's noted. 3. Structut71 worl further underpinning needed to the northeast area of the Abbey. South aisle r(xTrf and downpipes were included in project package5. 4. Upgrading our CCTV security System (colnpleted in May 2025) 5. Continued regular maintenance 6. Assessment of the bellframe and the ringing platfomi Heating the Abb¢y.' Asse55m¢nts w¢r¢ Carri out and plans prepared towards introducing sustainable energy and reducing our carbon emissions. The plans are to introduce Photo-voltaic {solaT) panels on the nave roof, and two air source heat pumps near the south east transepL with back-up for winter months from a condensing gas boiler, the old oiler to be removed. Applications for trK)th Faculty and Planning F¢rrnission% were submitted mid-August 2025. Meetings held articles written, and a display board placed in the Abbey. At the time of writing we await results. Improving our Hospitslity." Space is limited, the vesty bl(Kk seems to have the most poiential but this is nol enough. Further discussions wcre held but urgent stmciurnl issues have had to tske precedence. Abbey Structure.. Prolonged drought in the sumrner Tnonths took its toll. In AllgusL mortar dust began to descend in the St John chapel and in the north aisle. indicating movement. Small cracks apwred in the vaulting. Concern increased in November when serious cracks were noted in the most eastern flying buttress over the north aisle. For safety the areA8 beneath, both inside and outside, were cordoned off and remedial rew)inting carried out. Underpinning this area is now to tak¢ pla¢e urg¢ntly, once thal pits have established any other causal foctoLs. Vestries After the drought came persistent rain - with water ingress noted in a few spots, but greatly into th¢ v¢stries and toilet from the flat roof above. This despite regular clearance of leaves and debris. and work during the year to seal potential leakages. Much of thi5 is due to p(K)lillg on the roof ill extreme weather. Plans to tepairlreplace the vesty roof in 2026. Fiona Rice, minutes secretary, moved from Pershojr in the autumn - we wish her well and thank her for her ¢tribution, also thanking ineinbers of the fabric COTtllnittec. Canon ClaiTe a]id the churchwardens, Joara Daykin, architecL Clive Haywood, structural engineer, and ail contrdctors. ConttnLted thanks to the Friends of PershoTe Abbey CIO for their grant fundin& and for their gift to the Abbey PCC of a Steinway Grdnd Piano. Re5erv¢$ Poli¢y The w)licy of the PCC is to maintain a minimum balance of £15.0(N) in its bank current account. This 15 deemed be an adequa buffer to cover three months of net routine expenditure. STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document The PCC is a corporate body ¢stablished by the Church of England and operates und¢r the Parochial Churth Council Powers Measure. The PCC is & Regist¢red Charty numb¥ 1133566. The PCC consists of the Parish Priest, Readers, Churchwardens and membe]3 elected by men)bers of the congregation who are on the El¢¢tt>ral Roll. The PCC has power5 to Co-opt tnembers to fjll tempoTary vacancies. The PCC is responsible for the day to day management of the parish and its finances and is held in this work by a nu]nber of ommittees dealing with particular a$¢ts of parish life. Page 7
THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Report of the Trustee5 FOR THE YEAR ENDED 31 DECEMBER 2025 STRUCTURE. GOVERNANCE AND MANAGEMENT SgfeguardiThg Having due regard to guidance issued by the House of Bishops on matters Telating to the Safeguarding of children and vulnerable Adul the PCC wishes tt> confiTsn that th¢ guidanc¢ has been followe(L Suzanne Clarke is the Safeguarding Officer for Pershore Abbey & the Benefic¢. We continue to have Safeguarding as a sianding ag¢Trda item for all PCC meetings and APCM, we review our policies annually. The Safeguarding officer attends the Diocesan Safeguarding Nthvot* meetings throughout the year. We use the online Parish Dasl)Ix)ard which helps us keep up io date with local and national changes in saf¢guarding requirements and ensure that the tequired safeguarding rne&sure5 are all in pla¢e. The Dashboard shows us what we should be doing, alerts us if we need to take action to renew or review any aspect of safeguarding and produces a Safeguarding Action Plan to infomi the PCC. Alongside the Dashboard we are in the proce55 of setting up the Safeguarding Hub tracker, this helps to keep track of DBS check5 and safeguarding trainin& ¢reales role descriptions and person specifications and tracks the safer recruitment of ]]ew volunteer5. A copy of our curyent Safeguarding wlicy, approved by the PCC is displayed. along with contact details on the safeguarding posters in both the Abbey and St Andrew's Centre and on OUT BenefEce websifr. We observed Safeguarding Sunday on 16th November. This was an opportunity to let our congregation and community know that we take s&f¢guarding seriously in our church and how we can work together to prevent abuse and create a world where every child and adult can feel and be safe. All leade and helExr5 Working with Children & Vulnerable Adult5 (at Children events. Open the BOOK Tlmldler Group) Churchwarden5. PCC Tnemb¢r5, Tower & Deputy Tower Bellringing Capthin and Pastoral Visitots have valid DBS certificates. 14 DBS have been processed. and safeguarding training has been completed by 8 people during 2025, as both are a requirement every 3 years. Volunleers The PCC wishes to express its gtstihjde to the m8ny volunteers involved in different roles within of the life of the Abbey, and without whorn it would be impossible to offer the same variety of services. We are indebted to thrs genOuS 51¢wardship of tim¢ and service that is freely given orrt4? k2£ Approved by order of the board of trustee5 on .......................................... . and signed on its behalf by.. Trustee Page 8
Independent Examiner's Report to the Trnstees of The ParnthiAI Church Couneil of the Ecclesiastical Parish of the Abbey Church of the Hoty Cross Pershore Independer•t examiner's report to the trustees of The Parochial Church Council of the Ecelesia5tical Paiish of the Abbey Chureh of tbe Hoty Cross Pershore I report to the chlty trustees on my examination of the accounts of The Pari)chial Church Council of the Ecclesiastical Parish of the Abbey Church of the Holy Cross Pershore (the Tjwst) for the yearended 31 December 2025. liesponsibilities and basis of report As the eharity trustees of the Trust you are respSIble for the pyparation of the accounts in accordance with the requirements of the Cliaritie5 Act 2011 {'the Act). I rert in respect of my examination of the Trt'S accounts carried out under Section 145 of the Act and in carrying out my examination I have followed a]1 applicable Directions given by the Charity Cofflmission under Section 145(5Xb) of the Act. It)dependent examlner's statement Sin¢¢ your ¢harity'S gross in¢om¢ ¢xce¢d¢d £250,0(K) your examiner must be a m¢Tnber of a listed body. l Can confirm that l am qualified to undertake the examination because l am a mernber of the Instituie of Chartered Accountants in England and Wales. which is one of the listed bodies. I hAve ¢ompleted rny examiTIAhOlI. l eonfim no material matters hav¢ ¢ome to my attention in Connection with the examination giving me cause to believe that in any material respect.. accounting records weTe not kept in reSpt of the Trust as required by Section 130 of the Act. or the account5 do not accord witli those records,. or the accounts do not comply with the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports} Regulations 2(K)8 other than any requirement that the accounts give a true and fair view which is nol a rnatter considered as part olan independent examin2tton. I have no concems and haye come across no other matters in connection with the examination to which artention should be drawn in this report in order to enable a proper understanding of the accounts io be reached. Meinir Bird Clifton-crick Sharp & Co. Ltd Chartered Accountants 2A-3A Market Gat¢ Pershore WoTcesiershire WRIO IDZ Date.. go&L Page 9
THE PAROCHIAL CHURCH COUP4CIL OF THE ECCLESIASTICAL PAIUSH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Ststement ol Financial Activities FOR THE YEAR ENDED31 DECEMBER2025 31.1125 Total runds 31.12.24 Total funds Unrestricted funds Restricted funds Endowment funds Notes INCOME AND ENDOWMENTS FROM Donations and legacies 143.938 104,047 247,985 233,853 Chllreh activities Church activities 37,847 37W7 33,555 Othertrdding activities Investsnent tncome 4fj839 46J39 7J84 44,331 7,013 Total 228,624 340,055 318,752 EXPENDITURE ON Raising funds 22&130 126,034 351,164 3(K>.117 Cbaritablt attivities Church activities 2.160 2.160 2,100 Totsl 227390 126,034 353J24 301217 Net gainsl{losse5) 1 investtnents (1,642) (9?39) (10.981) 9,817 Nrr INCOMEI{EXPENDITURE) lJ34 (16245) (9J39) (U25)) 26,352 RECONCILIATION OF FUNDS Tot21 fimds brought forward 47J03 233,606 465,240 438,888 TOTAL FUNDS CARRIED FORWARD 4&637 168,086 224,267 440.990 465.240 The notes fomi part of th¢5¢ financiai 51atements Page 10
THE PAROCHIAL CHURCH couf4CIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHOR Balanee She¢t 31 DECEMBER 2025 31.12.25 Total 31.1224 Total funds Unrestricted funds Restri¢ted funds Endowment funds Notes FIXED ASSETS Tangible as5¢ts Investments 7,022 9J42 2,724 39,745 9,746 273J54 9.ty23 328,105 12 224267 41469 224267 283,1(Kl 338,028 CURRENT ASSETS Siocks Debt(Ks Cash at bank and in hand 13 14 2362 14JOI 33.494 2262 Iyoi 2,262 19,465 107,036 125,617 50,057 125,617 175,674 128,763 CREDITORS Amounts falling due within one year 15 (17,784) (17.784) (1,551) NET CURRET+rr AETs 32373 125,017 157.891 127,212 TOTAL ASSETS LESS CURRENT LIABILITIES 4&637 16&080 2x267 465,240 NET ASSEIS 4&637 168,086 2U267 440,990 465,240 FUNDS Unrestricted funds Restricted fijnds Endowment funds 17 48,637 168,086 224267 47,303 184,331 233,(rf)6 TOTAL FUNDS 465,240 The financial state ents were approved by the Board of Trustees and authorised for issue - and were signed on its behalf by.. on Trustee The note5 fom part of these fujancial st8ments Pagell
THE PAROCHIAL CHURCH COUNCILOF THE ECCLESIASTICAL PAIUSH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Flnancial Statements FOR THE YEAR ENDED 31 DECEMBER 2025 ACCOUNTING POLICJES Basis of preparing the financial ststements Pershore Abtw PCC is a Charity in Ertgl8nd and Wales. The location of the Abbey is given in the charity infithiation on page l of these financial statements. The nath of the charitys 0ratIonS and principal activities are described on the Rewrt of the TNstees on pages 3 to 7. The charity constitute5 a public benefit entity as deftned by FRS 102. The financial 5tatetnents have been prepared in accordance with the charity's governing documen( the Charities Act 2011 and Accounting and Reporting by Charities.. Staiement of Recommended PRctice applicable to charitTres preparing their accounts in accordance with the Financial Reportin8 Standard in the UK and Republic of ireland published in October 2019 and UK Gerterally Accepted Practice. The fmancial ststements have been pPared under the histt>rical c05t convention. modified to include certain items at fair value, such as investments. The financial statern¢nts are PlTsented in sterling which is the functional ¢thnCY of the charity and rounded to the nearest £1. The financial statements include all transactions, a5set5 and liabilÉtie5 for whi¢h the Parochial Church Council is responsible foT by law. They do not in¢lude the a¢counts of church groups that owe their main atriliation to another b(ty, nor ih05e that are infomial gatherings of church members. Th¢ bustees con¢lude that charity has adequate resources to continue tts activities for the foreseeable firtUTe and consider that there were no material iincertaintics over th¢ eharity's financia] viability. Accordingly. the financial statemenls are prepared on the going concem bls. The significant accounting policies applied in the preparntion of these financial staternents ar¢ s¢t i)ut below. These policies haye been consistently applied to all yeaTS presented unless oth¢rwise stated. INcoThe rec(yitio Planned giving, collections and donations ate recognised when received. Tax refvnd5 are recognised when the incoming resouTce to which they relate is received. Rents, f¢e5, advertisin& and gtants are accounted for when the Pamchial Chureh Council 15 legally entitled to the amounts due. Interest on ndS held on deposit is included when receivable and the amount can be measured reliably by the charity,. this is normally upon notification of the interest paid or payable by the bank. Dividends are recognised once the dividend h&8 been declared and nolifi¢ation has been received of the dividend due. All otlier income is recognised once the Charity h&8 entit]ement to the iN¢om¢, it is probable that the income will be received, and the amount of income receivable con be measured reliably. No in¢ome has been declared net of expendiiure. Legacies are recognised on receipt or thh¢rwise if the ¢harity ha5 been notified of an impending distribiition, the amount is known, and receipt is exFtcted. If the amount is not known. the legacy is treated as a contingent asset. Government and other grant income is recolsed when the charity is entitled to the grant and any Pre-conditions are ]lY met. Expenditure recognition Liabilities are recognised as expendtture &$ soon as there Trs a legal or constwctive obligation commitring the Charity to ihat expenditure, it is probable that settlement will k required, and the amount of the obligation car] be measured reliably. All exnditUre is aCcted for on a¢cruals basis and has been classified under headings that aggregate all costs r¢lated to the cat¢g¢)ry. Expenditure is recognised where there is a legal or constnjctive obligation to make payments to third parties, it IS Probable that the settlement will be required, and th¢ amount of th¢ ob12gation Can be measured reliably. Page 12 co]]tinued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the FiDanci41 Ststements- eontlnued FOR THE YEAR EIYDED31 DECEMBER 2025 ACCOUNTING POLICIES- ¢ODtinu¢d Expenditure recognition Irr¢eoverdbl¢ VAT is charged a5 all eKpense against the activiry for which expenditure arose. Expenditure is geneially recognised when it is In¢u¢d and is ounted for gr055. Grants and donations are accoilnted for when awarded or. in the case of Collections paid away, wh¢n the ¢v¢nt has Qllrred. Minis share is paid to the nmxitnum extent avatlable from current year unrestricted fijnth. Allocatitsn of support and governanee eosts Support costs are those that agsist the work of the charity but do not directly represent charitable activities and include office costy &yovernance costs, and administrative costs. They are incud directly in support of expenditure on the objects of the charity. Wher¢ support C05t5 cannot be directly attributed to particular heading& ih¢y hav¢ b¢¢n allocated to cost o( raising fiu)ds and expendit1e on charitable activities on a basts ¢onsi$ient with use of the resources. TAngible fixol assets Consecrated property In so far as consecrdted property of any kind is excluded from the statutory definition of '¢harity by Section 10(2) (a) and Ic) gf the Charities Act 2011 such assets are not Capiialised in the financial statements. The cost of iteTns which are considered to be an integral part of con5e¢Tated property Ès expended in the financial statements the year in which the expenditure is incurred. Equipment Moveable equiprnent (not forrning part of consecratcd property) i5 capitalised at cost where the cost is at least £l,O(M). These assets are depreciated over their use1 economic life. Depreciation is provided by the charity to Wri off the cost or valuation of tangible fixed assets over their estimated useful economic lives as 2(P/o annum stratgh¢ line. S¢o¢k5 Stocks are valued at the lower of cost or fair value, making due allowances for obsol¢t¢ and 51ow-moving items. Taxktion The charity is exempt from tax on its chaTitable activities. Funds Endowment Funds are fvnds, th¢ w)ital of which must be maintained; only income aTising from investment of the endowment may be used either as restricted or unrestricted funds depending uw>n the purp05¢ for which the endowment was established. Restricted funds T¢present {a) income from trusts or endowments which may be ext*nded only on those restricted object5 provided in terms of the trust or bequest and (b) donations or grdnts r¢ceived for a specif object for which they were given or invited by the PaTrthial Church Council for a specific object. The funds may only be eXnded on the specific object for which they were given and any balance remaining unspent at the eTKI of each year must be CWTied forward as a balance on that fund. Unrestrict¢d fijnds are funds that are available for use at the discretion of die Tnjstees in fvrtherdnrx of the objecis of the charity. Designated funds are diose set aside by th¢ Tn]st¢e5 for a sppxific purw)s¢. Foreign CUTreRcies Transactions in foreign CUTrencie5 are recorded using the rat¢ of ex¢hange ruling at the date of the iransaction. Monetary assets and liabilities denominated in t(Yeign currencies are translated using the rate of exchange ruling at the balance sheet date. and the gain 01 loss on transiaiion is included in the Sta(ement of Financial Activitie5. Page 13 continued...
THE PAROCHIAL CHURCH couf4CIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Winaneial Ststements- eortlirtved FOR THE YEAR ENDED31 DECEMBER2025 ACCOUIYTING POLICIES- contittued Penslons Employees are entitla to join a defined ¢ontribution Tlloney PUTchase scheme with the National Employment Savings TrusL Donated goods and serviees The Food Bank was donated 14.817 kg (2023.. 16.788kg) of f(d during the year and it distributed 15,435 kg (2023: 17,619kg). The Trussell Trust adopt a valuation of £2.50 per kg (2023.. £2.37 per kg). The donated 5tock5 held at the yearend have been included at £2262. OTHER TRADING AcfiviTIES 31.12.25 31.12.24 Abixy hire charges Bookstall income Magazine income Plum FestEval in¢ome Camival Abbey Music Events 15J83 9,963 &136 10,653 1,062 1,()42 15.854 10.369 7,315 9.921 872 46139 44,331 INVESTMENT INCOME 31.12.25 31.12.24 Dividends St Andrews, dividends Bank intetrst 4.963 I28 893 4.847 1,492 674 7J84 7.013 INCOME FROM CHARITABLE ACTIVITIES 31.12.25 31.12.24 Activity Churd) activitie5 Church activities Church activiti Abbey service fees St Andrew's hire charge Other income 15J54 19,159 3J34 11.776 18,153 3.626 37,847 33,555 Page 14 continued...
THE PAROCHIALCHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Flnanelal Ststements- eontlnued FOR THE YEAR ENDED31 DECEMBER2025 RAISING FUNDS R8ising donations and lega¢ies 31.12.25 31.12.24 Staff costs Ministy ShaTe Ministy expenses Worship expenses Youth work and mission Office and administrdtion Food bank expenditure Music and organist Social events Depreciation 2,4S2 62200 .930 2J33 19J97 43,928 44JIMI 10,979 (61) 130 2,304 60,000 2,154 2,542 21,596 36,383 38,629 11.075 8,484 193,788 183.167 Other trgdiThg activitie5 31.12.25 31.12.24 Organ expenditure Abbey development fund Heat and liJt Insurance Mainnance and fumitu Cleaning 2.472 33.401 25503 9,149 58,992 9J63 1.649 24.720 8.550 57,862 8,502 J3&880 101,283 Investment management costs 31.12.25 31.12.24 Bookstall Magazine Plum Fesiival expenses Abbey hiTe costs Other fund raising costs Abbey Mu5lC ¢V¢Tit expenses Camival expenses 4,208 4.630 820 4.206 2.001 2,528 103 6,)48 4,537 707 2,001 2,074 11496 15.667 Aggregate amounts 351.164 31M),117 Pag¢ 15 continued...
THE PAROCHIALCHURCH COUNCILOFTHE ECCLESIASTJCAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Financial Statements- continued FOR THE YEAR ENDED 31 DECEMBER 2025 CHAIUTABLE A1VITIEs COSTS Supix)n ¢osts Chureh activities 2.160 INDEPENDENT EXAMINERS- GOVERNANCE COSTS The Independent examiners remunerntion for 2025 wa5 £1160 (202&£2,1(X)) inclusive of VAT. TRUSTEES, REMUNERATION AND BEf4EFITS The tte$ all give freely their time and exr£rti5e without any forni of remuneration or other benefit in cash or kind12024.. £nil). During the year the reimbutsement of travel and other expenses incurred by virW¢ of their position, totalling £1.930 were paid 10 2 TrUSe$ (2024- £2,022 to 2 Truste¢s). A nurnber of the T[tee$ made donations to the PCC bth as unrestricted donations and restrici¢d doRations. These donations were immatetial and did not have an ITnpact the operation of the PCC and therefore are not disclosable on an individual blsis. STAFF COSTS 2025 2024 Gross Salaries Pension &)ntriblIOnS 62,432 54,750 933 Total staff costs 63,626 55,683 There were no employee benefits to key management personnel in the cuttent or prtvious years. Th¢ average monthly number of ernployees during the year was as follows- 31.1125 31.12.24 Part time staff No ernployees e1Ved emoluments in excess of £60,000. Page 16 continued...
THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIAsficAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the nancial Stattthents- continued FOR THE YEAR EP4DED31 DECEMBER 2025 io. COMPARATIVES FOR THE STATEMEf+Tf OF FINANCIAL ACTIVITIES u[estrICted Restricted fvn(ts furbds Endowment funds Total fijnds INCOME AND ENDOWMENTS FROM Donations and legacies 145.781 87,628 233,853 Church activities Church activities 33,555 33,555 Other trading activities Investment income 44,331 44,331 7,013 6,353 660 Totsl 223,667 93,981 318.752 EXPENDITURE ON Raising fund5 205 ?59 91.524 3J34 3.117 CIEaritable aetiwlties chUh activilies 2,100 2.IIK) Totsl 207,359 91.524 3,334 302,217 Net gains on invesbnents 4.590 5.227 9,817 NET INCOME Transfers betweeTr funds 16,308 7,047 51,641 2,997 {51,6AI) 26,352 Net movement in lunds 16,308 5&688 {48.644) 26,352 RECONCILIATION OF FUNDS Total fvnds brought forward 30,995 125,643 282,250 438.888 TOTAL Fuf4DS CARRIED FORWARD 47,303 184,331 233,606 465,240 Page 17 continued...
THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Financial Ststtmertts- Continued FOR THE YEAR ENDED 31 DECEMBER 2025 ii. TANGIBLE FIXED ASSETS Plant and machinery COST At l January 2025 Addition$ 44,615 At 31 Decemkr2025 50J69 DEPRECIATIOP4 At l January 2025 Charge for year 34,692 &131 At 31 Decetnber 2025 40323 r4ET BOOK VALUE At 31 D¢c¢mber2025 9,746 At 31 Decemkr 2024 9,92i FIXED ASSET INVESTMENTS Listed inveslments COST LESS IMPAIRMENT At l January 2025 Disposals Impairnents 328,105 {43.773) (10,978) At 31 December 2025 273J54 NET BOOK VALUE At JI December 2025 273J54 At 31 December 2024 328,105 There weTe no investment assets outside the UK. Cost or valuation at 31 December 2025 is repres¢nt¢d by.. Listed investments Valtwdtion in 2022 Valuation in 2023 Valuation in 2024 Valuation in 2025 Cost (42,710) 32594 9,817 (10,978) 284.631 273J54 Page 18 coniinued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Financial Ststem¢nts- eoThtinued FOR THE YEAR ENDED31 DECEMBER2025 12. FIXED ASSET INVESTMENTS- continued CBF Invesiment fund units. l 0,103 units CBF Investment fund units. 1,505.67 units CBF Inveslment fi]nd units, 791.34 units 224269 233,607 94,498 49,1)87 32&105 328.105 There was an increase in the valuation as at ihe year end of the investments held of £9,817 (2024.. lliciease in Valuati of £9.817). The total nurn of CBF inv¢stment fvnd units held as at the year end was 10,894.34 units (2024.. 11,608.67 units). During the year, 714.33 units, constituting the balance of the Development Restricted Fund valued at £43,773 were sold The pro¢¢¢ds w¢re transferred to the PCCS Pttmium Savings Account to be used to pay the costs of the Heating Project. Of the total investment assets. £2J3.609 is held under the endowment fund {2024- £233,609X £49,087 is held under the restricted fund (2024.. £94,499). 11 SNKKS 31.12.25 31.1?24 Stock- fo(Nl bftnk 2262 2.262 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.1125 31.12.24 Organ Other debtors Pr¢paym¢nts 12,120 3.609 3,736 105 1801 14JOi 19,465 Page 19 toniinued..
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Financial Stsiements- ¢ontinued FOR THE YEAR ENDED 31 DECEMBER 2025 15. CREDITORS.. AMOUNfs FALLING DUE WITHIN ONE YEAR 31.12.25 31.12.24 Other creditors Acfflied expenses (1.733) 19,517 (1.653) 3,204 17,784 1,551 io. LEASING AGREEMEKrs Minimum lease payments undernon-¢an¢ellable operating lease5 fall due as follows.. 31.12.2025 31.12.2024 Between on¢ aT five years A five year lease of a new printer for the benefi¢e otTice commenced on 4 March 2025. The minimurn leas¢ payment is £205.14 incl V AT per quarter for 20 quarters (i.e. £820.56 w annurn). All payments re the lease of the previous printer had been cotnpleted bef¢)re 31 December 224. Page 20 continued...
THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOL Y CROSS PERSHORE Notes to the Finartei81 Statements- eontinued FOR THE YEAR ENDEDJI DECEMBER202S 17. MOVEMENT IN FUNDS Net movetnent in fijnds At 31.12.25 At 1.1.25 Unrestrlcted funds General fund St Andrews 47J03 4,058 {1724) SI1 (2,724) 47J03 lJ34 48,637 Restricted funds Food Bank- General Restricted Organ Fund Ablw Support Fund Development Frontispieces West End Clock Furniture Organ Maintenance Oigan Replacement Abbey Maintenance Fabric Fund- Si Andrews St Andrews Embroidery Guild Abbey Bells Fund 37.609 17,239 21J66 43,773 (7.666) {1,763) iOJ40 (33,279) {212) (72) {771) (5,563) (2,740) 4J60 9,073 170 6,829 49 29,943 IS476 31,706 10.494 696 73 3a02 3S175 9,529 (18,702) 4,167 13,036 13.077 3,779 2,531 29,612 6.789 (14J42> 13,240 13206 19.906 3.828 184J3J (16245) 168,086 Endowmeot funds Fumiture Regtordtion Fund Wridgway Tnjst Fund Drakes Broughton Allotments Hansom Fund 97,$77 54,985 43,609 37.435 {3.901) {2.198) (1,743) (1.497) 93,676 52,787 41,866 35,938 (9J39) 224267 TOTAL FUNDS 465240 (24.250) 440,990 Page21 eontinued...
THE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Iyotes to the Financial Statements- eontlnued FOR THE YEAR ENDE03J DECEMBER 2025 17. MOVEMENT IN FUNDS- continued Net rnovement in funds, ll)cluded in the aknve are as follows.. Incoming resources Resources expended Gains and losses Movemeni IR fijnds Uttrestricted fund$ General fund St AndtEWS 209J14 19JlO (205356) {22,034) 4058 (1724) 228ffj24 (227290) lJ34 Restricted funds Food Bank- Genernl Restricted Organ Fund Abbey Support Fund Development Frontispie¢e5 West End Clock Furniture Organ Maintenance Organ Replacement Abbey Maintenance Fabric Fund- SÉ Andrews St Andrews Einbroid¢ry Guild Abtrq Bells Fund 36034 67Y iOJ40 122 (4400) (2,440) (7,666) (1,763) iOJ40 (33,279) (212) {72) (771) (S563) (1740) 4J60 9.073 170 6J29 49 (33,40J ) (192) (72) (699) {7,443) (1488) 3,957 {30,585) (20) (72) (831) (191) 403 1372) 2,711 1,939 40,030 170 13559 49 5,000 (&171) (559) 111,431 (12&034) (1,642) (1fj245) Endowment fuMd5 Furniture Restoration Fund Wridgway Trust Fund Drake Broughton Allotments Hansom Fund (3.901) (1198) (1,743) (1,497) (3,901) (1198) (1,743) (IA97) (9J39} (9J39) TOTAL FUNDS 340,055 (353J24) (10,981) (24,250) Page 22 continued...
THE PAROCHIALCHURCHCOUNCIL OF THE ECCLESIASTICAL PARISH OFTHE ABBEY CHURCH OFTHE HOLY CROSS PERSHORE Notes to the Finaneial Statements- continued FOR THE YEAR ENDED31 DECEMBER 2025 17. MOVEMENT IN FUNDS- continued Comparatives for movem¢Nt in funds Net movement in funds Transfers between funds At 31.1224 Atl.1.24 UDrestricttd funds General fund St AndTews 17,686 13J09 29,119 {12,811} 46,805 498 30,995 16,308 47J03 Restrieted funds Food Bank- Genetal ReStricd Organ Fund Abbey Support Fund Development FTontispieces West End Cl(Kk Furniture Orbian Maintenance Organ Repla¢eJD¢nt Abbey Maintenance Fabric Fund- St Andrews St Andttws St Andrews Support Fund Embroidery Guild 29,032 8,577 37.609 17,239 21,366 43,773 908 73 3,302 35,175 9.529 {18,7021 4,167 17,239 21.366 41,572 977 78 3,553 34,849 10,604 (17,762) 8,223 75 10,677 2,201 (69) (51 (251) 326 (1,075) (940) (4,056) (75) 2,400 13.077 13,036 3,779 13.036 3.765 14 125.643 7,047 51,641 184.331 Endowment funds P(K)r Fund Fumiture Restoration Fund Organ Fund Fabric Fund (Abbey) Wridgway Trust Fund StTUCturt Repair Fund Drakes Broughton Allottt]ents Fabric Fund (St Andrews) Hansom Fund 3,317 95,394 16,583 6,589 53,755 14.509 42,633 12,873 36,597 (3,317) 2,183 656 268 1,230 97.577 (17,239) {6.857) 54.985 (14,509) 976 163 838 43,609 {13,036) 37,435 282,250 2,997 (51.()41) 233,606 TOTAL FUNDS 438.888 465.240 Page 23 continued...
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTJCAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Finaneial Ststements- continued FOR THE YEAR ENDED31 DECEMBER2025 17. MOVEMENT IN FUNDS- coDtinued Comparative net movement in funds. included in the abov¢ as follows- Incoming resources Resources exnd¢d Gain5 and losses Movement in funds Unrestricted fund$ Gerteral fund St AndwS 223.521 146 {194.402) (12,957} 29,119 (12.811) 223.667 (207,359) 16.308 Restricted funds Food Bank- Cien¢ral R¢stri¢t¢d Developinent Frolltispie5 West End C1(k 47.206 {38.629) 8,577 2201 (691 (5) 12511 326 {1,0751 (940) (4,056) 175) 2,400 14 2,201 (9) (417) (4,090} {2,8931 166 1,768 479 (940) 209 Furniture Organ Maintenance Organ Replacement Abbey Maintenance Fabric Fund- St Andrew5 St Andrews Embroidery Guild 2.&18 1.339 36,432 (40.697) (75) (4,599) 6,342 14 657 93.981 (91,524) 4,590 7,¢147 Endowment funds Poor Fund Furnitur¢ R¢5toration Fund Organ Fund Fabric Fund (Abbey) Wridgway Trust Fund Drakes Broughton Allotments Fabric Fund (Si Andrews) Hansom Fund 17 (3.334) (3,317) 2,183 656 268 1,230 976 163 838 2,183 656 268 1.230 976 163 838 1,104 (3,334) 5,227 2,997 TOTAL FUIYDS 318,752 (302,217) 9.817 26.352 ENDOWMENT FUNDS Furniture Restoration Fund The Fumiture Restoration Fund is a petynanent endowm¢nt from Miss MAC w0Ward under trust deed dated I Nov¢tnber 1958. Th¢ incotne arisrng froFll the fund is restricted to the restoration or renewaj of th¢ furniture of PershoT¢ Abbey. WTidgw8y Trust Fund The Wridgway Trust Fund is a kxrnan¢nt endowment under the deed dated l NOVemr 1958. The income from this fund is shared evenly bettveen fttnding genernl expenses of the Holy Cross and repairs of Holy Cross but if not so used for the repai[5 to St Andrew's Church. Page 24 continued...
THE PAROCHIALCHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notu to the Finaneial Ststements- continued FOR THE YEAR ENDED 31 DECEMBER 2025 17. MOVEMENT IN FUNDS- eontlnu& Drnkes BroughtOD Allotments The Drakes Broughton Allotments fund is a pemianent endowment fund under the trust deed dated l Novetnber 1958. The C0[e from diis fvnd is use for the maintenance and repaits and gieneral purposes of the Abbey. H&n$om Fund The Han50m Trust is a pernianent ¢ndowm¢nL the incom¢ of which is used for structural repairs of (he Abbey. RESTRIED FUNDS Fo(Ml Bank Food Bank in Pershote is 0rated under the guidance of The TTussell Tnt. the putyose of which. is 10 Stop UK hunger. The PCC are trustees of the PeTshore Food Bank. All fo(NJ bank income and expendiwre, includsng funding for Citizens Advic¢ sessions and local authority emergency assistance grydnts is restricted for the PUTP05e of the food bank. Abbey Supw)rt Fund This fund contains the pr¢)c¢eds of th¢ ¢105ure of the former AbEry Fabric and Structure repair Endowment funds. Developrnent The Abbey Development Fund is restricted to the development and re5tordtion olthe fabric of the buildin& its ornaments, furnishings and fittnents. Frontispie¢es Fund restrieied for the use of the frontispiece's maintenance and rewdir at the Abbey. West End The West End restricted fund is used for the maintenance and repair of the West End of the Abbey. Cloek Thi5 restricted fitnd is for the ttpair of the Abbey clock. Furniture Restricted funds forthe purchase and repairs of furnIre of the Abw. Organ Fund This fund conthing the proceeds of closure of the fomier Organ Endowment nd. Organ Maintenance The (hEan Maintenance fiEnd is used for regul sejvicingand repairs to the Abky organ. Organ Replacement The organ replacement fijnd is for the purposes of fundrdising and holding funds to purchase a new organ for th¢ Abbey. Abbey Mainten*nee Restricted fi]nd5 for the Tnaintenance of the AtrA)ey. Fabric Fund- St Andrews A fund to 5UPPOrt the fabric at St Andrews. St Andrews Related to income Testricied for the purw)ses of St Andrews includes gIts of £12,031 12024.. £4,850) from St Andrew's TTUStee5). Page 25 continued...
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Notes to the Flnn¢lo1 Ststrm¢nts- ¢ontinued FOR THE YEAR ENDED 31 DECEMBER 2025 17. MOVEMEf4T FUNDS- continued St Andrews Support Fund This fimd contsins the proceeds of Closu of the fomier St Andrews Fabric Endowment fvnd. De5ign8ted Funds Purwjses and Unrestricted Funds Transfers There were no transfers betweet] restricted and Ulestricted funds during th¢ year. i& RELATED PARTY DISCLOSURLS During the year the following relad party trattsaction IKCU¢d.. Pershore Prryjuce (Frnit & Vegetables) Limited is a company under signifi¢ani ¢ontrol of Mr S J ClaTke who 1$ the husband of Mrs S Clarke, a ttustee of the charity. Payments forthe year totolled £328 (2024.. £381). St Andrew's Parish C¢ntre TTUSt, which 15 a separdte registered charity, under charity number 501353. is a related paty by virtue of common TSteeS between ihe two charities. The following transactions took place during the year.. Restricted graÈ]ts received from St Andr¢w's Parish Centre Trust during the year £7210 (2024.. £530). The Friends of PeTshore Abbey CIO (FOPA). which is a sepa]e registered charity, under charity numtr 1193273. is a related paty by virtue of common Trusteeg beet the two charities. The following transactions took place during the year.. Eiestricted grants receiv¢d from FOPA during the year (excluding the organ)- £31,439 (2024.. £30,151) Restricted grants received from FOPA during the year for the organ- £1,,939 (2024.. £1,339) - Debtor due from FOPA at the year-end- general restiicted grants- £Nil (2024: £Nil) The Trustees of the PCC are extremely gTal¢fitl for the financial support received from both St Andrews Centre TTU5t and Friends of Pershore Abw. Page 26
THE PAROCHIAL CHURCHCOUIYCILOFTHE ECCLESIASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Detsiled Statement of Finan<i81 Activities FOR THE YEAR ENDED31 DECEMBER2025 31.12.25 Total funds 31.12.24 Total fimds Unr¢stri¢ted fid$ Restricted funds Endowment funds INCOME AND ENDOWMENTS Donatlons and leg8CieS Stewardship giving Collections (at all servtce5) Tax recovery Legacies Grants Donations and aP1]S Food bank donations St Andrews donations 71664 21,403 13,539 73,664 21,403 13J39 15,01)0 65,71M) 21,697 36,832 iso 75.122 20,703 17,587 I,O(h) 54,371 17,721 47,203 146 15.0 51,7 465 3W2 13,9YI 21,232 150 143,938 104,047 247,985 233.853 Other trading activities Abky hire charges Bookstall incorne Magazine income PIuTll Festival income Carnival Abw Music Events 1SJ83 15J83 9,963 8,136 10,65J I,(2 1ffj42 15,854 10,369 7J15 9,921 872 &136 10,653 1,1)62 1,642 46,839 44.331 Inv¢5tmenl incorne Dividends St AndTew5' divide1$ Bank interest 4,847 1,492 674 1,528 893 1,$28 893 7J84 7J84 7,013 Chrth aettvltles Abbey service f¢es St Andrew's hire charge Other InM¢ 15a54 19.159 3W4 15J54 J9,159 3a34 11,776 1&153 3,626 37N7 37047 33,555 Total TrneomiDg resource5 228,624 34Q055 318.752 EXPENDITURE Raifjing donations and legaci 2852 2,452 2,4S2 2,452 1.748 1.748 caled forwaTd This page does not form part of the statutory fanCial ststements Pagye 27
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLEStASTICAL PARISH OF THE ABBEY CHURCH OF THE HOLY CROSS PERSHORE Detailed Ststement of Financial Activitles FOR THE YEAR EIYDED31 DECEMBER 2025 31.12.25 Total funds 31.12.24 Total fimds Unrestricted funds Restrithd fid8 Endovmient funds Raising donations and legacies Broutslit forward Pensions Ministry Stwe Ministry expenses Worship expenses Youth work ond mission Office and administration Food bank expenditure Music and organist Social events tkpreciation of tangible fixed assets 22 1,748 556 60.0 2,154 2,542 21.596 36,383 38,629 11,075 62,2 1,930 2J33 19J97 43.928 623IKI 1,930 2J33 19J97 41928 44JO(I 111979 (61) 44.51KI 10,979 (61) 6,130 130 8,484 149,288 44( 193,788 183.167 Other trading 4ftiviti¢s Organ expenditure Abbey developm¢nt fund Heat and liglit Insurance Maintenance and furniture Cleaning 2,472 33,401 2A72 33.401 2S503 9,149 5&992 9a63 1,649 2S503 24,720 8,550 57,862 8,502 9,149 3U72 24.920 59.786 79,094 138,880 101,283 Investment management Costs Bookstall Magazine Plum Festival expenses AbY hire costs Other nd SIng c05ts Abky Music event expenses Carnival expense5 4308 4,630 820 4306 6,348 4,537 707 2,001 2.074 4630 820 4,206 2.IMII 103 103 IA056 2,440 18,496 15,667 sUprt costs Governance costs IndeFtndent examiner 1160 2,160 2,100 Total resources expended 227,290 126,034 353J24 302,217 Net (expenditureyineome lJ34 (14,603) {13,269} 16,535 This page does not forni part of the sraNiory financial statements Page 28